CZ SAYS RICH PEOPLE WONT BE ABLE TO AFFORD 1 BTC SOON

@shamstabraiz12

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Why it worked

The video leverages a provocative statement from a prominent figure (CZ) and then provides a technical, verifiable explanation (GitHub code) to support the claim, appealing to both curiosity and a desire for factual information.

Summary

The video explains why Bitcoin's supply is capped at 21 million, referencing its code on GitHub to demonstrate that this limit cannot be changed. It suggests that this scarcity will make Bitcoin unaffordable for even the wealthy in the future.

Structure

1Introduction of CZ's statement about Bitcoin affordability
2Explanation of Bitcoin's total supply and mined amount
3Demonstration of Bitcoin's code on GitHub to verify the supply cap
4Explanation of the immutability of the supply limit
5Conclusion on future affordability due to scarcity

Product placement

Binance: (a) it APPEARS - a watermark on CZ's shirt. Removing it would not change what happens in the video. Bitcoin: (a) it ACTS - the video discusses its supply and code. Removing it would change what happens in the video.

On-screen text

CZ SAYS RICH PEOPLE WONT BE ABLE TO AFFORD 1 BTC SOON

Original caption

Why CZ is saying that even rich people may not be able to afford a single Bitcoin in the future ?

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Transcript

CZ says rich people won't be able to afford 1 BTC soon. Why? Because 4.4% of supply is left. 21 million total supply and out of that 20 million have been mined. But have you ever verified that 21 million total supply is there or not? I'll show you. I have come here on GitHub and here on GitHub you can check out Bitcoin. I have opened Bitcoin. Here you can check out the code. In this SRC, then in BTC, then in consensus, then in amount.h. When you open this, you can see in this code, how many satoshis are there in one BTC. The amount of satoshis in one BTC. No amount larger than this (in satoshi) is valid. Note that this constant is 'not' the total money supply, which in Bitcoin, currently happens to be less than 21,000,000 BTC for various reasons, but rather a sanity check. As this sanity check is used by consensus-critical validation code, the exact value of the MAX_MONEY constant is common. critical, in unusual circumstances like air modification could lead to a hard fork. for the creation of coins out of thin air modification could lead to a fork. Inline constexpr Amount MAX_MONEY(21000000 * COIN); // 21 million * 100 million. So, the total supply is 21 million. This code cannot be changed. Even the US Army runs nodes. So, even the US Army cannot change this. That's why CZ says that in the coming years, it will be difficult for rich people to afford one Bitcoin.